AVS DECO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of AVS DECO is 1.0% (low). The 2024 annual accounts show equity of €36k and a net result of €26k. Its solvency ranks better than 30% of 3178 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 32 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	20-06-2025	41 d early	2025-00184225
31-12-2023	31-07-2024	19-07-2024	12 d early	2024-00267055

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2023, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.0% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€26k+452.5%

Working capital€-31k-639.1%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 20-06-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 82 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	28.6%	53.8%	better than 30% of 3178 sector peers
Net result	€26k	€18k	better than 60% of 3177 sector peers
Equity	€36k	€40k	better than 47% of 3180 sector peers
Gross operating margin	€52k	€36k	better than 61% of 3177 sector peers
Total assets	€127k	€94k	better than 61% of 3183 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€51k

+203.5% 23-24

Net profit

€26k

+452.5% 23-24

Cash flow

€35k

+160.3% 23-24

Total assets

€127k

+122.4% 23-24

Equity

€36k

+270.4% 23-24

Working capital

€-31k

-639.1% 23-24

Income taxes

€11k

+622.9% 23-24

Debt

€91k

+91.8% 23-24

Show 9 other metrics

Debt ≤ 1y

€74k

+224.1% 23-24

Debt > 1y

€14k

-41.5% 23-24

Current ratio

0.58

-28.8% 23-24

Quick ratio

0.58

-28.8% 23-24

Solvency

28.6%

+66.5% 23-24

Debt / equity

2.50

-48.2% 23-24

ROE

73.0%

+49.2% 23-24

ROA

20.8%

+148.4% 23-24

Interest coverage

10.50

+6.8% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€51k
Net profit	€26k
Cash flow	€35k
Staff costs	-
Income taxes	€11k
Dividends	-
Total assets	€127k
Equity	€36k
Debt	€91k
of which ≤ 1y	€74k
of which > 1y	€14k
Working capital	€-31k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.58
Quick ratio	0.58
Working capital ratio	-24.4%
Solvency	28.6%
Debt / equity	2.50
Long-term debt ratio	0.39
Interest coverage	10.50
Gross margin	-
Net margin	-
ROA	20.8%
ROE	73.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €84k · 66.0% Current assets €43k · 34.0%

Equity & liabilities

Equity €36k · 28.6% Debt €91k · 71.5%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€127k
Fixed assets	21/28	€84k
Tangible fixed assets	22/27	€35k
Financial fixed assets	28	€49k
Current assets	29/58	€43k
Amounts receivable within one year	40/41	€10k
Cash & bank	54/58	€33k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€127k
Equity	10/15	€36k
Contributions / capital	10/11	€5k
Reserves	13	€31k
Amounts payable	17/49	€91k
Amounts payable after one year	17	€14k
Amounts payable within one year	42/48	€74k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€52k
Operating result	9901	€42k
Financial charges	65	€5k
Result before taxes	9903	€37k
Income taxes	67/77	€11k
Net result for the period	9904	€26k
Result to be appropriated	9905	€26k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

61 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Connections & network

1 connected company

Group structure

WEST-DECO

We sit on their board · 1 location

→

Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party

AVS DECOBE 0800.698.475

controls

Where this company holds controlthis company sits on their board1

WEST-DECO

1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

AVS DECO

Akkerstraat 1/E, 8020 OostkampComputerconsultancy-activiteiten

since 20232.344.184.152

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area4.9 ha

Buildings1

Building footprint1,867 m²

Volume (LiDAR)11,581 m³

Tallest building6.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)